Exclusive: Japan to keep funding domestic tourism campaign under new stimulus package – draft

FILE PHOTO: Yoshihide Suga speaks during a news conference following his confirmation as Prime Minister of Japan in Tokyo, Japan September 16, 2020. Carl Court/Pool via REUTERS

TOKYO (Reuters) – The Japanese government plans to keep setting aside money to promote domestic tourism and dining out in its next stimulus package, according to a draft of the upcoming package seen by Reuters, even as rising COVID-19 infections have prompted concern about the campaigns.

The draft stimulus package also included a plan to set up a fund to encourage investment in green technology.

The outline underscores Prime Minister Yoshihide Suga’s resolve to keep businesses open, even as Japan faces a resurgence in coronavirus infections that are quickly filling up hospital beds quickly.

The draft made no mention of the size of stimulus package or its source of funding, which will likely be finalised in the coming days.

Suga has launched several

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Ascentage Pharma Enters into an Agreement with University of Michigan to obtain an exclusive license for a MDM2 Degrader using PROTAC Technology

SUZHOU, China and ROCKVILLE, Md., Nov. 29, 2020 /PRNewswire/ — Ascentage Pharma (6855.HK), a globally focused, clinical-stage biotechnology company engaged in developing novel therapies for cancers, chronic hepatitis B (CHB), and age-related diseases, today announced it has entered into an agreement with the University of Michigan, through which the company may obtain the exclusive global rights to a MDM2 protein degrader developed using the Proteolysis-Targeting Chimeras (PROTACs) technology. The drug candidate is currently entering IND-enabling studies.

MDM2 is a key regulator of the tumor suppressor p53 and one of the most potent inhibitors of apoptosis discovered thus far. It has high expression in tumors and plays a key role in the occurrence and development of tumors. Binding to the MDM2 protein with high affinity, MDM2 inhibitor blocks the MDM2-p53 interactions and restore the tumor-suppressing activity of p53.1 Meanwhile, these MDM2 inhibitors present some challenges, including dose-limiting hematological

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Exclusive: Foxconn to shift some Apple production to Vietnam to minimise China risk

TAIPEI (Reuters) – Foxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple Inc, said a person with knowledge of the plan, as the U.S. firm diversifies production to minimise the impact of a Sino-U.S. trade war.

The development comes as the outgoing administration of U.S. President Donald Trump encourages U.S. firms to shift production out of China. During Trump’s tenure, the United States has targeted made-in-China electronics for higher import tariffs, and restricted supplies of components produced using U.S. technology to Chinese firms it deems a national security risk.

Taiwanese manufacturers, wary of being caught up in the tit-for-tat trade war, have moved or are considering moving some production from China to countries such as Vietnam, Mexico and India.

Foxconn is building assembly lines for Apple’s iPad tablet and MacBook laptop at its plant in Vietnam’s northeastern Bac Giang province, to come

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Exclusive: India import hurdles hit Apple iPhone, Xiaomi devices from China -sources

NEW DELHI (Reuters) – India’s tight control of quality clearances for electronic goods from China slowed the import of Apple’s new iPhone model last month and held up other products made by companies like Xiaomi, according to two industry sources.

FILE PHOTO: The Apple logo is displayed at an event at their headquarters in Cupertino, California, U.S. September 10, 2019. REUTERS/Stephen Lam/File Photo

Applications to the quality control agency, the Bureau of Indian Standards (BIS), typically used to be processed within 15 days, but some are now taking up to two months or longer.

BIS started delaying approvals in August for China-made imports of devices like smartphones, smartwatches and laptops, part of the fallout from deteriorating ties with China after a border clash in June that left 20 Indian soldiers dead.

Since the clash India has tightened rules for investments from China and banned hundreds

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Exclusive: India import hurdles hit Apple iPhone, Xiaomi devices from China, say sources

NEW DELHI (Reuters) – India’s tight control of quality clearances for electronic goods from China slowed the import of Apple’s new iPhone model last month and held up other products made by companies like Xiaomi, according to two industry sources.

FILE PHOTO: The Apple logo is displayed at an event at their headquarters in Cupertino, California, U.S. September 10, 2019. REUTERS/Stephen Lam/File Photo

Applications to the quality control agency, the Bureau of Indian Standards (BIS), typically used to be processed within 15 days, but some are now taking up to two months or longer.

BIS started delaying approvals in August for China-made imports of devices like smartphones, smartwatches and laptops, part of the fallout from deteriorating ties with China after a border clash in June that left 20 Indian soldiers dead.

Since the clash India has tightened rules for investments from China and banned hundreds

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Cyberpunk 2077 Ray Tracing Will Be Exclusive To Nvidia At Launch

Even though it might be just as difficult to find stock, AMD’s new RX 6800 and RX 6800XT graphics cards offer come competition to Nvidia’s latest offerings. But if you’re planning to pick up a new GPU specifically for Cyberpunk 2077, you might want to stick to the Nvidia for now.

CD Projekt Red has revealed that Cyberpunk 2077 will not support any ray tracing on AMD GPUs when the game launches on December 10. Responding to a query about requirements for AMD cards, community lead Marcin Momot explained that support will come post-launch.

“Not for the release but we are working together with AMD to introduce this feature as soon as we can,” Momot replied.

Cyberpunk 2077 and its many ray tracing

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Exclusive: In latest China jab, U.S. drafts list of 89 firms with military ties

(Reuters) – The Trump administration is close to declaring that 89 Chinese aerospace and other companies have military ties, restricting them from buying a range of U.S. goods and technology, according to a draft copy of the list seen by Reuters.

FILE PHOTO: A model of C919 passenger jet by Commercial Aircraft Corp of China Ltd (COMAC) is displayed at Aviation Expo China 2017 in Beijing, China September 19, 2017. REUTERS/Stringer

The list, if published, could further escalate trade tensions with Beijing and hurt U.S. companies that sell civil aviation parts and components to China, among other industries.

A spokesman for the U.S. Department of Commerce, which produced the list, declined to comment. The Chinese foreign ministry did not immediately response to a request for comment.

Commercial Aircraft Corp of China Ltd (COMAC), which is spearheading Chinese efforts to compete with Boeing and Airbus, is on the list, as is

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Exclusive pandemic restaurant data reveals importance of tech

  • In data provided exclusively to Business Insider, 60% of guests say they’re worried about touching a menu, and about the same amount are concerned about a clean table and food. 
  • Restaurant technology, like digital menus, might be key to drawing diners back into restaurants.
  • “Restaurant owners are embracing new digital revenue streams like pickup and delivery, but are looking for technology that doesn’t create extra work during a challenging time,” said Krystle Mobayeni, whose company BentoBox commissioned the survey. 
  • Visit Business Insider’s homepage for more stories.

There are no winners during the pandemic. But some businesses are doing better than others. Restaurants, generally, aren’t doing great. Tech companies are doing better. Tech companies that support restaurants might be the closest thing to a winner the restaurant industry has

Restaurants have been through a lot this past few months. They were forced to close, then allowed to reopen slowly. Faced with

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Exclusive games power Sony’s sky-high space-age console

Editor’s note: The PS5 is just hitting stores, and online services and features won’t be stress-tested until the console is widely available to the public. We consider this a review in progress, and will update it extensively over the next several weeks, adding a final review score when appropriate.



a wooden table: The PS5 next to the Xbox Series X. 


© Dan Ackerman/CNET

The PS5 next to the Xbox Series X. 


My PS4 almost made it. It was a launch-day PlayStation 4 from 2013, and it worked great right up until the last few months, like it knew it was about to get the Marie Kondo treatment and replaced by the new, much-advanced PS5. The seven-year-old system still played games fine, but the optical drive mechanism grew confused, giving off random beeps, as if it were trying to eject a ghost disc. 

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And it was right to be worried. The powerful new PlayStation 5 console towers over its predecessor,

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Exclusive: EU Commission to intervene in tech, carmakers’ patent dispute – document

BRUSSELS (Reuters) – The European Commission plans to step into the patent dispute between tech companies and carmakers and may set up a system to check whether some patents are essential to a technology standard as claimed, according to a Commission document.

The move by the EU executive comes as Finnish telecom equipment maker Nokia and German automaker Daimler battle in German courts over the level of royalties for key navigation and communications technologies and who should pay them.

The proposals are outlined in the Commission’s Intellectual Property Action Plan, seen by Reuters, which European Competition Commissioner Margrethe Vestager and EU digital chief Thierry Breton will present on Nov. 24.

As a first step, the Commission will engage with the automotive sector to explore the possibility of effective licensing solutions, the document said, adding that the industry’s needs are the most acute.

While the car industry currently faces the most

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